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Lucid, Rivian Sued In Illinois Over Direct Sales Model

A lawsuit has been filed against electric vehicle startups Rivian Automotive and Lucid Motors in Illinois for selling vehicles directly to consumers in the state. read more.....»»

Category: blogSource: benzingaMar 30th, 2021

Illinois auto dealers sue the state and EV startup Rivian for selling direct to consumers

Illinois auto dealers filed a lawsuit Thursday in Cook County Circuit Court against the secretary of state and Rivian, claiming the electric truck startup was violating.....»»

Category: topSource: chicagotribuneMar 26th, 2021

Morgan Stanley"s move to offer bitcoin funds to rich clients is the "tip of the iceberg" and could result in $1.5 trillion flowing into the cryptocurrency

JMP Securities estimates around $30 trillion of assets in the US retail wealth management industry currently do not have direct access to bitcoin. Bitcoin logo is seen displayed o.....»»

Category: personnelSource: nytMar 18th, 2021

PCB maker Apex expects strong 1H21 amid challenges

Taiwan's PCB maker Apex International, with main manufacturing operations in Thailand, expects to enjoy a particularly strong first-half 2021, but it is facing challenges from tight capacity and rising mterials costs, according to industry sources......»»

Category: topSource: digitimesMar 7th, 2021

Longtime Indiana casino exec Rod Ratcliff selling Gary casino interest after allegations of financial wrongdoings

A longtime heavyweight in Indiana’s gambling industry is selling his stake in a Gary casin.....»»

Category: topSource: chicagotribuneMar 3rd, 2021

Cannabis Industry Pioneer KushCo Raises $40 Million In a Direct Stock Offering

KushCo Holdings Inc. is a sponsor at.....»»

Category: blogSource: benzingaMar 1st, 2021

San Mateo video game unicorn Roblox sets March 10 for direct listing debut

Online game unicorn Roblox Corp. said Monday that it expects to begin trading on the New York Stock Exchange in a direct listing on March 10. The San Mateo company's Wall Street debut was postponed twice, when it switched to a direct listing from .....»»

Category: topSource: bizjournalsFeb 22nd, 2021

Ex-Fed official says trading frenzy a ‘concern,’ but doubts likelihood of regulatory action

Former Federal Reserve Bank of Atlanta President Dennis Lockhart reveals his expectations for Treasury Secretary Janet Yellen's meeting with regulators on the short-selling frenzy......»»

Category: topSource: foxnewsFeb 4th, 2021

The Super Bowl is coming. And we’re running out of chicken wings.

The chicken industry expects to sell 1.4 billion wings over Super Bowl weekend — and that still won’t be enough to satisfy demand......»»

Category: topSource: washpostFeb 2nd, 2021

Why Cowen Expects Under Armour To Recover Its Brand Momentum

The consensus estimates for Under Armour Inc (NYSE: UAA) appear conservative through fiscal 2023 given the company’s improving revenue trajectory, gross margin expansion, and mix shift toward direct-to-consumers, according to Cowen. Latest Rati.....»»

Category: blogSource: benzingaJan 26th, 2021

BlackBerry Tells Regulator It Has No Clue Why The Stock Is Surging

BlackBerry Ltd. (NYSE: BB) in a response to the Investment Industry Regulatory Organization of Canada on Monday said it could not pin the recent stock surge to any particular event. read more.....»»

Category: blogSource: benzingaJan 25th, 2021

Gevo shares slide 20% premarket on news of $350 million stock offering

Shares of renewable energy company Gevo Inc. slid 20% in premarket trade Wednesday, after the company said it is selling $350 million of shares in a registered direct offering priced at-the-market. The company is offering .....»»

Category: topSource: marketwatchJan 20th, 2021

Royal Caribbean to sell its Azamara brand including 3 ships for $201 million as the company continues to push back 2021 sail dates

Royal Caribbean is selling its Azamara cruise line to Sycamore Partners for $201 million in the latest cruise industry shakeup. An Azamara ship. Adalberto Roque.....»»

Category: topSource: businessinsiderJan 19th, 2021

Marimed CEO expects cannabis industry to continue to thrive in 2021

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJan 19th, 2021

Aphria CEO Talks Up Tilray Deal, Expects To Be EBIDTA-Positive And "Not Burning Cash"

Earlier this month, cannabis growers Aphria (NASDAQ: APHA) and Tilray (NASDAQ: TLRY) announced a merger to create the largest enterprise in the industry by revenue. read more.....»»

Category: blogSource: benzingaJan 1st, 2021

Omecamtiv Mecarbil wholly-owned, regulatory clarity possible in 2021, says Piper

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallDec 23rd, 2020

Meet Clare, the first direct-to-consumer company to disrupt the $155+ billion interior paint industry

Clare's approach restores focus, control, transparency, and accessibility to shopping for paint so it's an enjoyable home improvement project. When you buy through our links, we may earn money from our affiliate partners......»»

Category: topSource: businessinsiderDec 21st, 2020

Avicanna Combines Sustainable Cultivation Methods, R&D, and Pharmaceutical Standards to Offer API"s with the Aureus Brand

Until recently, innovation lay dormant in the quality-driven cannabis industry. However, an evolving regulatory environment, coupled with tech-driven research, has bred a new era of cannabinoid solutions. read more.....»»

Category: blogSource: benzingaMay 15th, 2020

Local food wholesaler lands $15M USDA contract as it rolls out new direct-to-consumer curbside project

Paragon Foods works to build new revenue stream selling directly to consumer market in a more precarious grocery market for fresh produce while ramping up hiring for new USDA program.....»»

Category: topSource: bizjournalsMay 12th, 2020

Even as Coloradans flock to open spaces, the state"s outdoor industry takes a huge hit

Colorado's outdoor industry accounts for more than 500,000 direct jobs and some $62.5 billion in annual economic impact for the state......»»

Category: topSource: bizjournalsMay 9th, 2020